Vendor Finance

Strengthen your supply chains with our anchor led vendor finance solution

RBI Registered

RBI Registered

How does Vendor Finance Work?

How does Vendor Finance <span class="span">Work?</span>
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Vendor Finance Benefits

For BuyersFor Buyers

Benefits
High scalability
High scalability

Complete big orders with multiple vendors flexibly and scale your business

Digital and Hassle-free
Digital and Hassle-free

Complete the entire process from sanction to disbursal online.

Cheaper than supplier credit
Cheaper than supplier credit

Get raw materials at the best rates by making an upfront payment

For SuppliersFor Suppliers

Benefits
Improved working capital cycles
Improved working capital cycles

Manage your working capital better and expand faster

Unsecured credit line
Unsecured credit line

The unsecured vendor finance is given without putting land or property as collateral.

Instant Disbursement
Instant Disbursement

Receive funds within 24-48 hours of vendor loan sanction

Eligibility & Required Documents

Apply with minimal documentation

Eligibility

Minimum turnover <strong>₹3 crores</strong>
Minimum turnover ₹3 crores
Business vintage <strong>3+ years</strong>
Business vintage 3+ years

Required Documents

<strong>KYC</strong> details
KYC details
Last <strong>6 months</strong> of banking
Last 6 months of banking
Financials for previous <strong>2 fiscal years</strong>
Financials for previous 2 fiscal years
<strong>GSTR details</strong> for current fiscal year
GSTR details for current fiscal year

How to Apply for Credit

Step-by-step online process to apply
for Financing

1

Check Eligibility

Check your loan eligibility

2

Submit Application

Complete a 100% online application form

3

Get Sanctioned

We will evaluate your application and propose a fair sanction

4

Receive Funds

Get disbursements within 2 days of sanction

Why Oxyzo?

Oxyzo provides new-age customized financing
products for your business needs

Unsecured working capital

Unsecured working capital

Competitive interest rates

Competitive interest rates

Easy Repayment tenure

Easy Repayment tenure

No foreclosure charges

No foreclosure charges

No part-payment charges

No part-payment charges

No minimum utilization charges

No minimum utilization charges

No new bank account required

No new bank account required

Savings up to 3% on raw material purchases

Savings up to 3% on raw material purchases

100% digitized and simplified process

100% digitized and simplified process

Approval within 48 hours

Approval within 48 hours

One-time processing fee

One-time processing fee

Flexible Repayments

Flexible Repayments

Know about Vendor Financing

Vendors(suppliers) provide goods or services to the anchor(buyer) in accordance with the payment terms and the anchor subsequently pays the vendor for his services at the end of the credit period. However, the vendor would not want to wait for the longer credit period, as he requires funds to pay for the raw materials, services, or labor. In such cases, Oxyzo shall assist the vendor in unlocking the necessary working capital and pays the vendor its dues against receivables from the anchor early, on the basis of invoices that have been confirmed by the individual anchors, allowing them to improve vendor cash cycle and accelerate growth.
Oxyzo, the SME centric RBI registered NBFC, offers its clients smart business financing solutions, such as vendor financing at low-interest rates. It is completely digitized and hassle-free process with no hidden charges.

Frequently Asked Questions

What are the documents required for vendor finance ?
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SMEs can apply for vendor finance with the following documents :
  • KYC
  • Last 6 months of banking
  • GSTR details for the current financial year
  • Financial statements for the previous 3 financial years
  • Property document
Does Oxyzo provide collateral-free vendor finance ?
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Yes
How is eligibility calculated for vendor finance ?
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The eligibility depends on the business vintage and turnover. SMEs must have a minimum turnover of 3 crores and a business vintage of at least 3 years to apply online
What are the benefits of vendor financing for an anchor ?
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In vendor financing or payables financing, the anchor gets the benefit of an off-balance-sheet facility, can negotiate the best procurement prices, and there is high scalability due to standard documentation which enables the anchor to onboard any number of vendors through a hassle-free process.
NOTE: No processing fee is being charged by Oxyzo before the sanction of the loan. Any individual claiming otherwise must not be entertained.
Please report such activity on getsupport@oxyzo.in
© 2023 Oxyzo Financial Services Pvt. Ltd. All Rights Reserved